Insurance Broker Trainee Salary in Randolph, Alabama

Insurance Broker Trainee Salary in Randolph, AL

How much does an Insurance Broker Trainee make in Randolph, AL? The average Insurance Broker Trainee salary in Randolph, AL is $66,230 as of August 27, 2024, but the range typically falls between $59,951 and $72,607. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Insurance Broker Trainee Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Broker Trainee Salary $54,234 Randolph,AL August 27, 2024
25th Percentile Insurance Broker Trainee Salary $59,951 Randolph,AL August 27, 2024
50th Percentile Insurance Broker Trainee Salary $66,230 Randolph,AL August 27, 2024
75th Percentile Insurance Broker Trainee Salary $72,607 Randolph,AL August 27, 2024
90th Percentile Insurance Broker Trainee Salary $78,414 Randolph,AL August 27, 2024
25% $59,951 10% $54,234 90% $78,414 75% $72,607 $66,230 50%(Median) Didn’t find job title? Click
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Life Insurance Broker

PRT Financial - Montgomery, AL

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Associate Broker, Commercial Casualty Insurance

Amwins Group, Inc. - Birmingham, AL

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What skills does an Insurance Broker Trainee need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Confidentiality: The process of and obligation to apply and enforce rules and practices that ensure that specific types of information are accessible only to those authorized to use it.

2.

Adobe: A mixture of wet earth and grass made into bricks and dried in the sun, used to build houses. It originated from the oral form of Arabic al-tob, meaning "brick," It is the first materials used to create buildings in the 8th century B.C

3.

Computer Knowledge: Computer literacy is defined as the knowledge and ability to use computers and related technology efficiently, with skill levels ranging from elementary use to computer programming and advanced problem solving.

See More Skills
Confidentiality 6.06%
Adobe 3.03%
Computer Knowledge 3.03%
Others 87.88%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of an Insurance Broker Trainee higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Time Management, you can get a 20% salary raise. If you are good at Customer Service, your salary will increase by 12%.
Skill Salary Demand
Time Management
 $79,476
20%
Customer Service
 $74,177
12%
Customer Service
 $74,177
12%
Customer Service
 $74,177
12%
Customer Service
 $74,177
12%
Get Latest Data
Last Updated on August 27, 2024

What Should I Pay?

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Job Description for Insurance Broker Trainee

Insurance Broker Trainee participates in career training program to learn insurance brokerage and placement. Assists with account servicing and renewals of existing insurance business. Being an Insurance Broker Trainee supports brokers in the marketing of customer business to different insurance carriers to obtain quotes. Collects, prepares, and processes data required to maintain and service accounts. Additionally, Insurance Broker Trainee requires a bachelor's degree. Typically reports to a supervisor or manager. The Insurance Broker Trainee work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Insurance Broker Trainee typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Insurance Broker Trainee information for you to search for. Click on search button below to see Insurance Broker Trainee job openings or enter a new job title here.

Job Openings for Insurance Broker Trainee in Randolph, AL
  • PANGEATWO - Birmingham, AL
    Licensing Manager for Growing Commercial Insurance Broker. $75k - $95K DOE. Birmingham, AL. Our Partner is Birmingham is seeking a highly organized and det...
    - 3 Days Ago
  • PRT Financial - Montgomery, AL
    GET MORE OUT OF YOUR CAREER. Choose a career where changing someone else's life for the better is also life-changing for you - personally, professionally, ...
    - 5 Days Ago
  • Amwins Group, Inc. - Birmingham, AL
    At Amwins, we succeed together - and have a good time doing it. We know people don't leave companies. They leave cultures - which is why we work so hard on...
    - 4 Days Ago
  • PANGEATWO - Birmingham, AL
    Licensing Manager for Growing Commercial Insurance Broker. $75k - $95K DOE. Birmingham, AL. Our Partner is Birmingham is seeking a highly organized and det...
    - 4 Days Ago
  • PANGEATWO - Birmingham, AL
    Licensing Manager for Growing Commercial Insurance Broker. $75k - $95K DOE. Birmingham, AL. Our Partner is Birmingham is seeking a highly organized and det...
    - 7 Days Ago

Career Path for Insurance Broker Trainee

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Insurance Broker Trainee, the upper level is Insurance Broker and then progresses to Insurance Managing Broker.

Insurance Broker Trainee
Insurance Broker
Insurance Managing Broker
Those that have already made the climb...
Ebrahim Busheri, Director of Investments
MANNING & NAPIER INC
Manning & Napier, Inc. is publicly owned investment manager. It provides its services to net worth individuals and institutions, including 401(k) plans, pension plans, taft-hartley plans, endowments and foundations. The firm manages separate client-focused equity and fixed income portfolios. It invests in the public eq... More
Fiscal Year Ended in 2021
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Insurance Broker Trainee Pay Difference by Location

Insurance Broker Trainee salary varies from city to city. Compared with national average salary of Insurance Broker Trainee, the highest Insurance Broker Trainee salary is in San Francisco, CA, where the Insurance Broker Trainee salary is 25.0% above. The lowest Insurance Broker Trainee salary is in Miami, FL, where the Insurance Broker Trainee salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Insurance Broker Trainee, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
59951
72607
66230

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
60678
73631
66939
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Broker Trainee in Randolph, AL. The base salary for Insurance Broker Trainee ranges from $59,951 to $72,607 with the average base salary of $66,230. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $60,678 to $73,631 with the average total cash compensation of $66,939.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

59951
72607

 

Step 3 of 3

How much should you be paid?

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About Randolph, Alabama    Randolph is an unincorporated community in Bibb County, Alabama, United States. At the 2010 census, the population was 1,169. Randolph is located at 3....More

Randolph, Alabama  area prices were up 1.3% from a year ago    View the Cost of Living in Randolph, Alabama

Insurance Broker Trainee Salary in popular cities: Birmingham, Montgomery, Mobile

Skills associated with Insurance Broker Trainee: Marketing Support, Customer Support, Insurance Software, Rate Quotations ...More

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